Hardware Wallets

Why Monero?

Monero is secure.

Monero can't be hacked to steal your funds, due to the power of distributed consensus. This means that you are responsible for your own money, and don't have to trust any entity to keep it safe for you.

Monero is private.

The power of the blockchain usually increases security at the cost of privacy, but with Monero's sophisticated privacy-centric technology, you get all of the security benefits of the blockchain without any of the privacy trade-offs.

Monero is untraceable.

By taking advantage of ring signatures, Monero makes it ambiguous which funds have been spent, and thus extremely unlikely that a transaction could be linked to any particular user.

Monero is fungible.

Because of its on-by-default privacy technologies, Monero is fungible, which means that one Monero will always be equal to another. This ensures that there will be no discrimination over the origin or history of your coins, lessening the worry of potential blacklisting by exchanges or vendors.

Guidelines

Breaking the guidelines may result in a deleted post and possible ban.

Discussion of using Monero to break the law is disallowed.

Follow redditquette and the rules of reddit.

Only Monero-related topics/links.

No memes/image macros.

If you have any affiliation with an exchange, product or service that's being discussed, you must disclose that information.

When mentioning other currencies, keep the discussion civil. No zealotry.

i think it is just the matter that they simply don't know, or actually make poor research about their target audience. if they would know that more people would be using their service without those trackers available i guess they would immediately drop them

ok great, since we seem to have a site operator here, please can you comment on those two issues:

1) trackers: which trackers are you using on your site currently and why? are you aware that you can use non-intrusive trackers? (no google and no facebook) and would you be willing to remove the existing trackers?

1) Thank you for this question, I gotta talk to our product manager about different trackers, and then update you on the matter. Now I can tell you that we care about the anonimity and safety of our users. Could you share why you consider the existing trackers intrusive?

Hey, I’m here with an update:
We use Facebook and Google Analytics trackers. The first one helps us to notify our users about the updates. The second tracks our product metrics. We never disclose or transfer the personal data of our users, and respect the ideas of privacy.

To get 1 XMR, cost is 101.61 USD. Per CMC 1 XMR is 86.43, so that is a 17.5% premium, which I guess is good for a credit card purchase (high risk for the seller).

For buying a small amount, I think the premium would be reasonable considering the ease and speed of getting the XMR compared to other methods.

It would be nice if I could say I wanted 1 XMR and it give me the USD price instead of trying to guess and iterate.

I'm not sure about the two notices (one about fees and the other about actually buying BTC). Why does it matter that BTC is bought and then sold (for XMR) if the buyer never sees it? Also, what network fees are they using? It can cost less than one cent for the lowest fee setting in the XMR network.

We support the ideas of transparency, so we warn a user that an exchange process takes place, so they have a better knowledge of how the fees are charged. Moreover, out fiat-to-crypto provider Simplex shows the amount of purchase in BTC, and the warning eliminates any misunderstanding.

Network fees are charged in accordance to the network requirements, and depend on a currency.

Hello! Thank you for your feedback! We understand what you're talking about, but there are certain rules that fiat-to-crypto providers must follow, cause they have their licence and compliance requirements.
Fortunately, if you use the same e-mail address for all your purchases, Simplex shortens the KYC procedure since your 2nd transaction! It means you provide your ID only once when buying for the first time.

ChangeNOW doesn’t have a mandatory KYC procedure in case of crypto-to-crypto exchanges, we have a risk management system, that monitors several parameters and may ask to verify a certain exchange. If a customer refuses, they get a refund.

The system of fiat-to-crypto exchanges is a bit different. When adding ftc-exchanges, we considered the fact that KYC may be a questionable feature, but decided to give this opportunity to our customers anyway, making it as simple as it can be.

Recommendation: Do you have a public facing webpage that shows the turnaround time for a customer transaction from one cryptocurrency to another? For a great service, it should be very quick and very consistent from customer to customer.

In other words, a realtime indicator on a webpage on each transaction that displays total time from initiation to completion of transaction, average time per whole transaction per day, per week, per month.